The Merchant
102 Sottile St,
Charleston, SC 29403
Studio - 2 Beds | $1,730 - $3,550
$1,817/month
Average Rent
767 Sq Ft
Average Apartment Size
+1.3%
Increase in the Last Year
As of July 2025, the average rent in Charleston, SC is $1,817 per month. For comparison, the national average rent price in the US is currently $1,637/month, which means Charleston rent prices are 11% higher than the national average. When you rent an apartment in Charleston, you can expect to pay about $1,921 per month for a studio, $1,817 for a one-bedroom apartment, and around $1,999 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,297 or more.
In the past year, rent has increased by 1.3%, which averages out to $25 more per month.
Based on current rent prices, Grand Bees, Magnolia Lakes and Forest Lakes are the most affordable neighborhoods in Charleston.
Based on current rent prices, Upper Concord Street, Ansonborough and Charleston City Market are the most expensive neighborhoods in Charleston.
The neighborhoods in Charleston with the most apartments available are West Ashley, Downtown Charleston and North Daniel Island .
Because the average rent in Charleston is $1,817, you’ll want to make about $6,056 per month or $72,672 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
The cost of living in Charleston, SC is 1.2% higher than the national average. Generally, housing in Charleston is 3.4% more expensive than the national average, with rent falling between $1,817 - $2,297. You can expect to pay 2.2% more for groceries, 11.1% more for utilities, and 4.7% less for transportation.
Use the tool below to compare Charleston, SC to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.